APRA moves to ration credit for home lending but it's not about affordability
The regulator has moved to tighten lending criteria but that will do little for housing affordability and nothing for equality.
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The regulator has moved to tighten lending criteria but that will do little for housing affordability and nothing for equality.
The banking regulator has gently applied the brakes to the housing market, rather than smashing the sector when the economy is vulnerable. But APRA may have more to do.
From Wednesday, new mortgage applicants need to prove they can make repayments if interest rates jump by three per cent.
The Australian Prudential Regulation Authority (APRA) has announced long-expected changes to home loan lending rules to cool the ...
The steep upward trajectory of house prices is unlikely to be contained by the prudential regulator’s lending curbs.